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Sep 24, 2012
09/12
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i will not raise taxes on middle-income folks. i will not lower the share of taxes paid by high-income individuals. and i will make sure that wee bring down rates, we limit deductions and exemptions so we can keep the code and we encourage growth in jobs. >> and the devil is in the details though. what are we talking about'? the mortgage deduction? the charitable deduction. >> the devil is in the details. the angell is in the policy which is creating more jobs. >> you have heard the criticism, i'm sure, that your campaign can be vague about things. i wonder if this isn't precisely one of those things. >> it's very much consistent with my experience as a governor. which is if you want to work together with people across the aisle, you lay out your principles and your policy. you work together with them. but you don't hand them a complete document and say, here, take this or leave it. look, leadership is not a take it or leave it thing. we've seen too much of that in washington. >> ifill: the president was asked how he could solve e
i will not raise taxes on middle-income folks. i will not lower the share of taxes paid by high-income individuals. and i will make sure that wee bring down rates, we limit deductions and exemptions so we can keep the code and we encourage growth in jobs. >> and the devil is in the details though. what are we talking about'? the mortgage deduction? the charitable deduction. >> the devil is in the details. the angell is in the policy which is creating more jobs. >> you have...
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Jun 30, 2012
06/12
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now you have a president that is going to defend attacks that he said was not a tax. and you have an opponent, romney who is going to attack a pan date which is similar to the one he had in mass mas. that is an inherently prickably-- prickly situation. >> woodruff: you are saying it is difficult for both of them. >> i think it is but i would give, right now, you would have to say that health care, which inspired a lot of the democratic loss in 2010 remains a fairly unpopular issue in america. the president's message here is let's get beyond these old debates. not let's embrace my health-care reform. >> i think there is a case to be made, judy, when we talk so much about the constitution and constitutionality. we do have three branches. we've got the executive, the legislative and the judiciary. and the, this law was passed by the congress. it was signed by the president. and affirmed by the supreme court. and i think that is regular order. i think that yes, i don't argue with michael that it has been unpopular. it consistently, about 40% in favor and 50% against. but
now you have a president that is going to defend attacks that he said was not a tax. and you have an opponent, romney who is going to attack a pan date which is similar to the one he had in mass mas. that is an inherently prickably-- prickly situation. >> woodruff: you are saying it is difficult for both of them. >> i think it is but i would give, right now, you would have to say that health care, which inspired a lot of the democratic loss in 2010 remains a fairly unpopular issue...
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Jul 26, 2012
07/12
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there are others mixed in, earned income tax credit, tax deductions for college tuition, estate tax if you're wealthy-- all of those things are sort of in the mix now. >> ifill: the congressional budgetffic julie, bring u in this, they said because of the affordable care act, because of the supreme court's action, may not be as expensive as originally thought. >> that was a little bitave surprise. there were some people who thought because of the changes the court made-- the court only made one small change. it said the expansion of the medicaid programs would become optional rather than mandatory. there are some who thought the law would not be paid for, because some of the people instead of getting medicaid would go into the health insurance exchanges, the state-run exchanges where they would get fedel subsidies. the subsidies would be more expensive to the federal government than even the federal government paying the majority of medicaid costs. >> ifill: what they didn't anticipate is a lot of states said we have a chance to opt out of this. >> they did anticipate the states could
there are others mixed in, earned income tax credit, tax deductions for college tuition, estate tax if you're wealthy-- all of those things are sort of in the mix now. >> ifill: the congressional budgetffic julie, bring u in this, they said because of the affordable care act, because of the supreme court's action, may not be as expensive as originally thought. >> that was a little bitave surprise. there were some people who thought because of the changes the court made-- the court...
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Jun 29, 2012
06/12
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tax welfare. >> brown: i want to pull up a line from chief justice's robert's opinion. "whether the mandate can be held under the commerce clause is a question about the scope of federal authority." how surprising was this that he went to argue that argument? it was argued in the... it was heard in the oral arguments but never got much attention. >> well, it was surprising only because most of the commentary for the last two years by legal scholars, by political people, by court watchers, focused on the commerce clause argument and also in the lower court it seemed to dominate. but the government had always argued as a second basis for upholding the statute that the individual mandate was valid under congress's tax and spending power. >> brown: and there's no question here as to who the key figure is, right? it's the chief justice. >> absolutely. and on the tax and spending power the chief justice this time was joined by the four of the court's more liberal members. and there's an old rule that the court does follow that if a statute of capable of being interpreted in t
tax welfare. >> brown: i want to pull up a line from chief justice's robert's opinion. "whether the mandate can be held under the commerce clause is a question about the scope of federal authority." how surprising was this that he went to argue that argument? it was argued in the... it was heard in the oral arguments but never got much attention. >> well, it was surprising only because most of the commentary for the last two years by legal scholars, by political people, by...
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Dec 1, 2012
12/12
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we don't want to increase tax rates. we're not going to increase tax rates. >> warner: a white house spokesman shot back that republicans ought not to be surprised that mr. obama is sticking to his guns. and congressional democrats, like house minority leader nancy pelosi, welcomed the president's plan. >> elections have consequences. the president campaigned-- he made it very clear, he made it very clear that he was supporting a tax cut for the middle class, that he wanted the expiration of the tax cuts for the high end. and the american people know that debate, they voted for him. >> warner: still, despite all the tough talk, reporter todd zwillich of wnyc and public radio international says there's more movement behind the scenes than meets the eye. >> there does tend to be a pattern to how big negotiations like this go. the fact that they haven't reached an agreement yet doesn't mean they won't before christmas, doesn't mean they won't before new years. there is a value in doing some public posturing and trying to ge
we don't want to increase tax rates. we're not going to increase tax rates. >> warner: a white house spokesman shot back that republicans ought not to be surprised that mr. obama is sticking to his guns. and congressional democrats, like house minority leader nancy pelosi, welcomed the president's plan. >> elections have consequences. the president campaigned-- he made it very clear, he made it very clear that he was supporting a tax cut for the middle class, that he wanted the...
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Jul 17, 2012
07/12
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so they're not taxing. they're taxing an ever diminishing part of what the economy is producing. so that means they're just gradually eroding from terms of revenue. if you look out over the long term it becomes a really serious problem. >> and politically untenable to try to erase that. >> certainly as you look at the impact of the recession, the primary way the states dealt with the fiscal stress was cuts. >> what would you add on the revenue side of that. >> susan stated it very very well. sales taxes are not growing because more and more transactions take place on the internet. gas taxes which finance a lot of infrastructure spendure are not going up because the tax is based on gallonage and not on price. and people drive more fuel efficient cars and buy less gasoline. most states who have taxing systems that are geared to the federal system, they already get adjusted when the federal tax system gets adjusted so there's more volatility. what susan said is absolutely accurate. that's one of the major problems. >> in terms of the demands on the states, and we've talked about thi
so they're not taxing. they're taxing an ever diminishing part of what the economy is producing. so that means they're just gradually eroding from terms of revenue. if you look out over the long term it becomes a really serious problem. >> and politically untenable to try to erase that. >> certainly as you look at the impact of the recession, the primary way the states dealt with the fiscal stress was cuts. >> what would you add on the revenue side of that. >> susan...
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Jul 28, 2012
07/12
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those tax cuts. that is what we are arguing with. >>woodruff: i'm going to change the subject. we clearly need to get the olympics and to london. david, mitt romney arrived a few days ago and heas had a rough go of it. how do you size up the trip? >> he should have gone. there is no reason for him to go. i was told there was dissension of the staff that he should go. the elections are here. the gaffe of who what he said ws true. there are security issues. but you don't say it. it under scores a deep bein anxy that he is not running a great campaign. if you look at the obama campaign, it's a great a campai. he took jobs away with bane and they are going to turn to medicare and he now wants your medicare. that is your progression. you understand howker in doing their campaign. the romney campaign the people are saying we haven't hit yet but don't worry in a couple of months we are about to get on track we are going to unveil who romney is and we are going to hit obama hard. this is a faith-based strate
those tax cuts. that is what we are arguing with. >>woodruff: i'm going to change the subject. we clearly need to get the olympics and to london. david, mitt romney arrived a few days ago and heas had a rough go of it. how do you size up the trip? >> he should have gone. there is no reason for him to go. i was told there was dissension of the staff that he should go. the elections are here. the gaffe of who what he said ws true. there are security issues. but you don't say it. it...
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Jan 26, 2012
01/12
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we need tax reform." most people believe tax reform means lower rates, broader base, simpler code, everyone has to pay their share. then look through the speech and ask where's the strategy. over here we're going to have a buffett rule not well defined and consistent with the facts on the ground. over here we'll v a new tax for multinationals not well defined at odds with every other country's around the globe. a special credit with manufacturers around here. >> ifill: so you're saying he's making the tax code more complicated. >> at every step and consistent with who he thinks deserves money and doesn't. >> well, certainly at least on the personal income tax frame i think he's been very clear that he wants to make sure that the wealthy pay their fair share and the buffett rule, making sure that people earn more than a million dollars pay a minimum tax, that's certainly... there's a lot of clarity there and there's been support for that among democrats for quite some time. making sure, as he said, that ev
we need tax reform." most people believe tax reform means lower rates, broader base, simpler code, everyone has to pay their share. then look through the speech and ask where's the strategy. over here we're going to have a buffett rule not well defined and consistent with the facts on the ground. over here we'll v a new tax for multinationals not well defined at odds with every other country's around the globe. a special credit with manufacturers around here. >> ifill: so you're...
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Mar 21, 2012
03/12
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we have all the bush tax cuts expiring. the deal that we reached on the payroll tax cut and is expiring. we have the sequesters taking effect and possibly another debt limit vote. all hell could break loose in december and maybe that results in a jar and people do something or maybe it gets even worse than it looks. >> woodruff: a lot to look forward to. norman ornstein, thank you very much. >> thank you, udy. >> ifill: next, the author of a new bestseller talks with newshour economics correspondent paul solman about the economic plight and social values of working-class americans. the book is already receiving a heated reception. the discussion is part of paul's ongoing reporting, "making sense of financial news." >> it's not when you say this. we're losing a lot of what has made america exceptional as we become increasingly a class society in which a big chunk of the people on the bottom no longer behave in the ways that are essential for a self governing free society. >> reporter: conservative lightning rod charles murra
we have all the bush tax cuts expiring. the deal that we reached on the payroll tax cut and is expiring. we have the sequesters taking effect and possibly another debt limit vote. all hell could break loose in december and maybe that results in a jar and people do something or maybe it gets even worse than it looks. >> woodruff: a lot to look forward to. norman ornstein, thank you very much. >> thank you, udy. >> ifill: next, the author of a new bestseller talks with newshour...
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Nov 17, 2012
11/12
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the public is against them on raising taxes on the rich. the way the fiscal cliff is structured, they're at a severe disadvantage. they're in a spot and showing flexibility. they just lost an election. nonetheless i think the president is driving a hard war gain. his attitude and democrats attitude is they pushed us around. we've got the advantage. let's push them back. and i think that will yield some short-term benefits. i think president obama is going to end up asking the republicans to capitulate, give them no easy path to yes. will ask them really to hugh il-- humiliate themselves to agree to tax rate increases that they have said no to again and again. nonetheless i still probably win that just because the landscape really does favor him. what it will hurt is a long-term effort to really solve our fundamental problems. raising taxes on the rich closes the deficit by a little, but not very much. we need a big solution. and if we go to a war over this, i'm afraid that will make the bigger deal which we need very hard to get down the ro
the public is against them on raising taxes on the rich. the way the fiscal cliff is structured, they're at a severe disadvantage. they're in a spot and showing flexibility. they just lost an election. nonetheless i think the president is driving a hard war gain. his attitude and democrats attitude is they pushed us around. we've got the advantage. let's push them back. and i think that will yield some short-term benefits. i think president obama is going to end up asking the republicans to...
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Jul 23, 2012
07/12
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i'm going to get my hands in health care, in the taxes. it's sort of like he's spreading himself very thin. i understand you want to please everybody all the time. we know that can't happen. that's not realistic. if you're going to champion something, pick one thing. see it through to the end and do it right. if i saw that out of either candidate, that would persuade me. >> woodruff: political independent shannon densham said the candidates haven't talked enough about issue s. the platforms have yet to be really outlined well in my opinion. until they really get down to the issues and what they stand for and what they believe in, my vote is still up in the air. >> woodruff: her friend paul, a republican who wishes there was a viable third-party option, said neither candidate impresses him >> neither candidate has come out and said what they can do for us. they just keep wanting to say, the other guy can't do it for us. >> woodruff: the reality is, however, that criticizing the other guy is what florida voters can expect for much of the nex
i'm going to get my hands in health care, in the taxes. it's sort of like he's spreading himself very thin. i understand you want to please everybody all the time. we know that can't happen. that's not realistic. if you're going to champion something, pick one thing. see it through to the end and do it right. if i saw that out of either candidate, that would persuade me. >> woodruff: political independent shannon densham said the candidates haven't talked enough about issue s. the...
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Jun 27, 2012
06/12
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we have a tax cut, that's a jobs bill. her bive that's a jobs bill. the highway , the transportationill really is a it's a bona fide jobs bill. money goes directly to s they spend it on federal highway pr worke the constructindustry is it really hurting. face jobs bill.whats really beee about the bill, the bona fide jobs bill roughout the recent historof congress always had bipartisan buy-in. every district has a stake. evermbas stake. the unions like it, the chamber of commerce likes it, the nati asstion o manufacturers-- the big hit ears they a like it. they all l ti i, too, but again we have talked all year about the conservative reblican houshe unusually conservative tea party and freshmen and conservative republican househo ballgames. the nate passedsgh bill with74 votes, broad partisan consensus and it was the use thatld oget tr and they nev passed a bill. >> gord: the houseeade lhip wasn't abluntil now to get the cons. >> they may not be on ard. they're going to have to arove this conference report if and when it comes. we'll of hoe conservativ
we have a tax cut, that's a jobs bill. her bive that's a jobs bill. the highway , the transportationill really is a it's a bona fide jobs bill. money goes directly to s they spend it on federal highway pr worke the constructindustry is it really hurting. face jobs bill.whats really beee about the bill, the bona fide jobs bill roughout the recent historof congress always had bipartisan buy-in. every district has a stake. evermbas stake. the unions like it, the chamber of commerce likes it, the...
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Jul 3, 2012
07/12
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, it simply increases the tax liability of people otherwise eligible to pay taxes for those who would impose a free ride on others, that it's really a tax after all. that's why i predicted before the decision that it would come out in favor of the affordable care act and that the chief justice would probably, as i said on the air on a couple of stations, conclude that it was a tax. that didn't surprise me. >> brown: let me bring in david rivkin, first on the question of the... whether the chief justice changed his vote. is that important? >> no, it's not. i agree with professor tribe. justices do change their minds sometimes shortly after the oral arguments sometimes later. but what i wanted to emphasize is how remarkably well the constitution has done. this is where i disagree with professor tribe. i think it's a defeat for the obama administration. for over two-and-a-half years, the administration and every supporter of the obama care has been justifying the individual mandate on the basis of a commerce clause and the necessary and proper clause in a way that essentially devalues th
, it simply increases the tax liability of people otherwise eligible to pay taxes for those who would impose a free ride on others, that it's really a tax after all. that's why i predicted before the decision that it would come out in favor of the affordable care act and that the chief justice would probably, as i said on the air on a couple of stations, conclude that it was a tax. that didn't surprise me. >> brown: let me bring in david rivkin, first on the question of the... whether the...
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Oct 6, 2012
10/12
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wealthy huge new tax breaks? because, according to experts, he'd have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how can we ever trust him here? >> brown: meanwhile, on the fox news channel last night, romney reversed course on his remark that 47% of americans don't pay taxes and, in his words, are dependent on government, so he couldn't worry about them and their votes. >> in this case, i said something that's just completely wrong. and i absolutely believe, however, that mlife hashown that i care about the 100% and that has been demonstrated throughout my life. this whole campaign is about the 100%. when i become president, it'll be about helping the 100%. >> brown: still, president obama was having none of it. >> from the day we began this campaign, we've always said that real change takes time. it takes more than one year or one term, or even one president. it takes more than one party. it certainly can't happen if you're willing to write off half th
wealthy huge new tax breaks? because, according to experts, he'd have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how can we ever trust him here? >> brown: meanwhile, on the fox news channel last night, romney reversed course on his remark that 47% of americans don't pay taxes and, in his words, are dependent on government, so he couldn't worry about them and their votes. >> in this case, i said something that's just...
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Oct 13, 2012
10/12
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jack kennedy lowered tax rates, increased growth. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose abortion, with the exceptions for rape, incest, and life of the mother. >> life begins at conception. that's the church's judgment. i accept it in my personal life. i just refuse to impose that on others, unlike my friend here, the congressman. i do not believe that we have a right to tell other people that women, they... they can't control their body. it's a decision between them and their doctor, in my view. and the supreme court-- i'm not going to interfere with that. >> woodruff: biden warned a conservative supreme court majority would overturn a woman's right t
jack kennedy lowered tax rates, increased growth. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose...
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Nov 6, 2012
11/12
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having to do withha taxes. and a number of other topics. >> california is really ground zero for the initiative process. they tend to have more initiatives than any other state. they have 11 this year including two competing meases that would increase taxes in different ways to fund education and help balance the stateat budget. >> woodruff: we also know that health care is the ballot. remind us where and what that would mean if those wue to pass. >> sure. there are five states that have votes on the affordable care act this year. in missouri, it's bill that would prohibit the state from setting up a health insurance exchange. in the other four states it's a broader measure that attempts to block really implementation of the affordable care act. it ts up the right to have private insurance as a constitutional right in the state and prohibits the state from requiring anybody to buyts insurance or penalizing anybody for failing to buy insurance. >> woodruff: and just quickly what are the polls showing on those? d
having to do withha taxes. and a number of other topics. >> california is really ground zero for the initiative process. they tend to have more initiatives than any other state. they have 11 this year including two competing meases that would increase taxes in different ways to fund education and help balance the stateat budget. >> woodruff: we also know that health care is the ballot. remind us where and what that would mean if those wue to pass. >> sure. there are five...
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Sep 5, 2012
09/12
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the democrats' document draws a sharp contrast with the republicans, calling for higher taxes on the wealthy, same sex marriage, and immigration reform. let's listen in. >> our platform is crafted by democrats, but it is not about partisanship it's about pragmatism. it's not about left or right but about moving america and our economy forward. (cheers and applause) our platform and our president stands firm in the conviction that america must continue to outbuild, outinnovate, and outeducate the world (cheers and applause) you see, this platform is a clear choice between economic pathways-- forward or back, inclusion or exclusion, grow together as a nation or be a country of savage disparitys that favor the fortunate few over the greatest driving force of any economy. a large and robust middle-class. (cheers and applause) we must choose forward. we must choose inclusion. we must choose growing gether. we choose american might and american muscle, standing strong on the bedrock of the american ideal. a strong and empowered and ever-expanding and ever-growing middle-class. (cheers and
the democrats' document draws a sharp contrast with the republicans, calling for higher taxes on the wealthy, same sex marriage, and immigration reform. let's listen in. >> our platform is crafted by democrats, but it is not about partisanship it's about pragmatism. it's not about left or right but about moving america and our economy forward. (cheers and applause) our platform and our president stands firm in the conviction that america must continue to outbuild, outinnovate, and...
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Sep 4, 2012
09/12
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the right kind of healthcare lowers cost for tax pairs. planned parent lowers the incidence of abortion. we believe on the same ends of you lora boric, lower taxes, lower government spending but we have a more enlightened way of getting it. >> woodruff: mark, do you have a question. >> you were talking about those issues you took a few shots at governor christie. we don't know if the state's big enough for two of you and the question really becomes how is it that governor crist christy in these turbulent times three out of five of the citizens of new jersey give them a favorable rating. >> number one, i don't know if you saw the poll that came
the right kind of healthcare lowers cost for tax pairs. planned parent lowers the incidence of abortion. we believe on the same ends of you lora boric, lower taxes, lower government spending but we have a more enlightened way of getting it. >> woodruff: mark, do you have a question. >> you were talking about those issues you took a few shots at governor christie. we don't know if the state's big enough for two of you and the question really becomes how is it that governor crist...
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Aug 15, 2012
08/12
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today, they spread out across the country, focusing on everything from energy to taxes. >> you know, it's great to be here in colorado. >> now, this is my... my second chance to be on a bus tour across ohio this summer. >> we need you to stand with us. it has been great to be back in >> it has been great to be back in iowa. >> woodruff: the four men on the two presidential tickets blitzed four states that will be critical this november. president obama was on day two of a three-day bus tour across iowa, talking up energy policy. in oskaloosa, the president argued his republican opponent, mitt romney, has dismissed the whole idea of alternative energy. >> he's said that new sources of energy like wind are imaginary. his running mate calls them a fad. during a speech a few months ago, governor romney even explained his energy policy this way, quoting here: "you cant drive a car with a windmill on it." that's what he said about wind power: "you can't drive a car with a windmill on it." >> woodruff: iowa has become a center of wind energy production, and the president said romney has a l
today, they spread out across the country, focusing on everything from energy to taxes. >> you know, it's great to be here in colorado. >> now, this is my... my second chance to be on a bus tour across ohio this summer. >> we need you to stand with us. it has been great to be back in >> it has been great to be back in iowa. >> woodruff: the four men on the two presidential tickets blitzed four states that will be critical this november. president obama was on day...
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Jul 21, 2012
07/12
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the ads they are running about bain capital, about his not releasing his taxes. they say they feel this is a strategies that's working and they're going to continue it. they also say they understand that this may, the president's own favor ability ratings may take a hit, a small hit they hope. but they believe that the damage they're doing politically to mitt romney is even more significant. they're pointing to polls that show people look less favourably on his background at bain cap pal which they say is the central racial for hisdi, what he did at that company, they say, is what he wants to do for the country. so what they are doing is entirely appropriate. >> let me ask you two at the table here. is it having an effect, david? >> yes, not entirely positive effect for the president it is bringing down mitt romney's positives. it's really bringing down barack obama's positives. re-election races are-- on the incumbent t hurts more on him. if you look at the "new york times" polls this week you see the presidential numbers coming down slightly to. me it's probabl
the ads they are running about bain capital, about his not releasing his taxes. they say they feel this is a strategies that's working and they're going to continue it. they also say they understand that this may, the president's own favor ability ratings may take a hit, a small hit they hope. but they believe that the damage they're doing politically to mitt romney is even more significant. they're pointing to polls that show people look less favourably on his background at bain cap pal which...
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Nov 8, 2012
11/12
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imposing fiscal restraint in the form of higher taxes and less spending on our economy. but i think you'll get a little bit of a bounce tomorrow, yes ?rawr all right, health care thanks for your time. a new storm threatened the northeast today with wind, water and snow. its arrival came just over a week after hurricane sandy battered the region. police cars in new york city patrolled low-lying neighborhoods, urging people to evacuate again. the approaching nor'easter brought a wintry mix of cold and snow and possibly, minor flooding in already damaged coastal areas. new york mayor michael bloomberg: >> we haven't and won't order the kind of large scale evacuation we ordered in advance of hurricane sandy but if you are experiencing significant flooding during sandy you should consider taking shelter with friends and family at a safer spot or using one of the city's storm center shelters. >> sreenivasan: in new jersey, thousands of storm-weary people braced for their brush with the new storm, even as cleanup efforts continued from "sandy". governor chris christie suggested
imposing fiscal restraint in the form of higher taxes and less spending on our economy. but i think you'll get a little bit of a bounce tomorrow, yes ?rawr all right, health care thanks for your time. a new storm threatened the northeast today with wind, water and snow. its arrival came just over a week after hurricane sandy battered the region. police cars in new york city patrolled low-lying neighborhoods, urging people to evacuate again. the approaching nor'easter brought a wintry mix of...
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Feb 7, 2012
02/12
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i thought if we reformed our tax system, we could produce more revenue from it. but i told the president i'm not going to put more revenue on the table unless you're willing to make real changes to our entitlement programs because in their current form they're not sustainable. the president would never say yes. to any of those changes to the entitlement programs. even though i had revenue on the table and the president hasn't said yes, he came back and wanted $500 billion more in revenue. there's a way to do this. but it takes courage. and i am more than willing to address this problem at any moment with the president because the future of our country depends on us coming to an agreement that will begin to solve our debt problem. >> woodruff: but this perception, mr. speaker, that there is a sizable group of republicans in the house who are more conservative, who are just... just want you to go in a different direction. >> certainly in both political parties we have our share of divisions. while there are some divisions within the republican side of the aisle, th
i thought if we reformed our tax system, we could produce more revenue from it. but i told the president i'm not going to put more revenue on the table unless you're willing to make real changes to our entitlement programs because in their current form they're not sustainable. the president would never say yes. to any of those changes to the entitlement programs. even though i had revenue on the table and the president hasn't said yes, he came back and wanted $500 billion more in revenue....